Amazon's self-driving subsidiary Zoox is scaling up its presence in California as the autonomous vehicle race accelerates, potentially strengthening its position against domestic and international competitors.
A recent comparison of iOS voice assistants suggests Perplexity AI may be gaining ground against established competitors, according to the startup's CEO, as the race to dominate the AI assistant market continues to heat up.
Amazon (NASDAQ: AMZN) has revealed a revolutionary robot, Vulcan, which boasts a sense of touch, enabling it to manage approximately 75% of items in Amazon's warehouses.
Macy's has gotten torched over the last six months - since November 2024, its stock price has dropped 29.5% to $11.60 per share. This might have investors contemplating their next move.
Real estate technology company Redfin (NASDAQ:RDFN) met Wall Street’s revenue expectations in Q1 CY2025, but sales fell by 2% year on year to $221 million. Its GAAP loss of $0.73 per share was 4.7% below analysts’ consensus estimates.
Electric vehicle manufacturer Rivian (NASDAQ:RIVN) reported revenue ahead of Wall Street’s expectations in Q1 CY2025, with sales up 3% year on year to $1.24 billion. Its non-GAAP loss of $0.41 per share was 44.4% above analysts’ consensus estimates.
Amazon said it is beginning a trial of Haul, a mobile-only shopping platform that debuted in the U.S. last year, for UK customers through its main app.
Dan Loeb's Third Point portfolio saw earnings reports from key companies, offering insight into holdings across sectors. Amazon and Meta exceeded expectations, with Amazon predicting potential consumer behavior shifts and Meta reporting a 22% increase in Loeb's stake.
